Bitange Ndemo, a former principal secretary in the ministry of ICT warns against the taxation of non-domiciled digital companies and advises the government to review its decision. ... - Continue reading
Lights upon Ireland's unilateral tax relief in relation to the double taxation agreement. ... - Continue reading
In the recent years, Vietnam has experienced one of the highest loss of revenue due to tax evasion and tax avoidance from multinationals. ... - Continue reading
Clarifications regarding Aliyah for Canadian residents. ... - Continue reading
Clarifications on tax-related issues for South Africans living and working abroad. ... - Continue reading
The ordeal of expats in the midst of this COVID-19 crisis. ... - Continue reading
COVID-19 has forced the whole economic world to halt and alter its processes in order to be able to keep functioning as much as is possible. Here are some further proposed adjustments in the wake of the COVID-19. ... - Continue reading
By now, the whole world is preparing for an impending global recession due to the COVID-19. Different experts are presenting their different views on the matter. While many are expecting a recession that will hit harder than the Great Depression, the secretary-general of the OECD, Angel Gurria does not seem to be sharing the same opinion. Here are more details. ... - Continue reading
The Australian government is being urged to extend its deadline for its newly introduced 'expat residence tax'. ... - Continue reading
Pakistan urged for more incentives by traders. ... - Continue reading
Extension until 1st September 2020 for deadlines, and it won't even require an application. ... - Continue reading
An examination of travel restrictions with regard to Irish tax residence of Irish companies and funds. ... - Continue reading
The value added textile export sector has demanded the government to revive zero-rated sales-tax regime and reinstate SRO 1125 in its true spirit to address the industries’ liquidity problems. ... - Continue reading
The United States Council for International Business (USCIB) suggests temporary halt to negotiations around digital tax handling for multinationals. ... - Continue reading
In the aftermath of the financial crisis of 2008/2009, Switzerland launched a massive overhaul of its financial regulations. ... - Continue reading
Economists warn about one of the worst recessions in history following the COVID-19 pandemic crisis. This could have an especially bitter outcome in countries with weaker employee rights like the United States. ... - Continue reading
The USA is doing its part at alleviating the burden upon its businesses in during this pandemic crisis. ... - Continue reading
Updates on countries offering tax relief all over the world. ... - Continue reading
Seychelles set to implement new tax laws in order to improve its tax system after recommendations from the OECD. ... - Continue reading
A first transfer pricing case in Nigeria offers a glimpse of the treatment of the latter. ... - Continue reading
The European Union ups its game by coming up with more initiative to fight off tax evasion. ... - Continue reading
Lebanon’s Justice Minister Marie-Claude Najm said on Thursday that the Lebanese cabinet has approved a draft law to lift banking secrecy, MTV local TV channel reported. Also, Lebanon’s financial prosecutor Ali Ibrahim froze the assets and properties of 20 Lebanese banks. Lebanon has lately witnessed a shortage in U.S. currency… – Continue reading
With the conclusion of a grace period on Jan. 1, Canadian banking institutions are required to attain US identification numbers for Canadian clients under FATCA or face fines. ... - Continue reading
Here are some important tax proposals for India's 2020 Budget. ... - Continue reading
Thousands of Australian expats have until 30 June to sell their family homes or face being slapped with a hefty tax after the government reversed its position for exemptions. ... - Continue reading
More jurisdictions worried about their economy following OECD's new corporate tax laws ... - Continue reading
Singapore strives to stay ahead in tax competition. ... - Continue reading
“Our estimates suggest a leakage rate of around 7.5 percent for the average highly aid-dependent country,” the study concluded. ... - Continue reading
Cayman is now the top enabler of financial secrecy in the world, according to the findings from the Tax Justice Network’s Financial Secrecy Index 2020. In second and third place respectively, were the United States and Switzerland. The Tax Justice Network has called on policymakers to prioritise sanctions against Cayman… – Continue reading
Facebook founder and CEO Mark Zuckerberg on Friday endorsed moves from the OECD set of free-market markets to reform how online giants have been taxed globally, even if this means firms like his spending more to federal governments. “We also need tax reform and I am thankful the OECD is… – Continue reading
The OECD Secretariat proposed the Unified Approach in October 2019 to address the tax challenges arising from the digitalization of the economy. ... - Continue reading
Guidance to get a passport in Vanuatu for 2020. ... - Continue reading
The Philippines was recognized as one of the best places where US expatriates (expats) could retire in 2020, according to a recent newsletter from Forbes. It was among 25 countries chosen by the American business magazine. The Philippines was described to be an “English-speaking Pacific Ocean nation of 7,400 islands”… – Continue reading
Barbados has introduced new economic substance requirements that effectively brings down the so-called ‘ring fence' that kept two separate tax rates for local and international business companies. ... - Continue reading
The US Internal Revenue Service (IRS) has said it will consider certain circumstances in which it could provide relief from double taxation resulting from application of the repatriation tax, as amended by the Tax Cuts and Jobs Act (TCJA) 2018. ... - Continue reading
Cegereal (Paris:CGR) today announced the signature of a new lease with KPMG France, bringing the company’s total space in the Europlaza tower to 12,600 sq.m. The lease will run until 2031 with no break option. ... - Continue reading
The recurring inability of government to achieve its projected non-oil revenues over the years points to the need for urgent structural reforms, a report by Guaranty Trust Bank Plc (GTBank) has stated. The bank stated this in its 2020 macroeconomic and banking sector outlook, obtained yesterday. It stressed the need… – Continue reading
An Egyptian court for tax evasion sentenced on Saturday a fugitive Egyptian contractor to three years in jail over tax evasion charges, Egypt’s state-run MENA news agency reported. Mohamed Ali, a businessman and an actor, said in online videos last year that he fled to Spain after working with the… – Continue reading
According to a new research, there is a substantial loss of revenue that occurs annually due to tax avoidance. Who are the culprits? - Businesses.What are their weapon? - Loopholes in tax laws. ... - Continue reading
The Australian Taxation Office releases data on the top 10 corporate taxpayers in Australia. ... - Continue reading
Movement of expatriates cross borders potentially creates several tax and regulatory issues. ... - Continue reading
Details about the Common Reporting Standard in Nigeria ... - Continue reading
World's high net-worth individuals targeted by the Greece government through new programme. ... - Continue reading
A new residency programme has been implemented by the Bahamas' Ministry of Financial Services. ... - Continue reading
The government of Malaysia is putting into effect several measures in an attempt to prevent double taxation arising from digital tax. ... - Continue reading
What you need to know if you conduct business in Singapore. ... - Continue reading
HMRC seems reluctant with taxpayer plea bargains due to availability of a large volume of taxpayers' data. ... - Continue reading
